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Topic: Why faucets are NOT worth your time - page 2. (Read 1254 times)

legendary
Activity: 1764
Merit: 1000
December 07, 2015, 08:16:19 AM
#3
If we can earn money from faucets higher than the minimum wage in my country, there will be lots of people earning from fauctes. Then there will not no high paying faucets out there.

this is discussed on reddit too. if you can use a computer with internet, you're way beyond minimum wage and probably don't need 5cents per hour anyways
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
December 07, 2015, 08:13:10 AM
#2
If we can earn money from faucets higher than the minimum wage in my country, there will be lots of people earning from fauctes. Then there will not no high paying faucets out there.
legendary
Activity: 1764
Merit: 1000
December 07, 2015, 08:02:01 AM
#1
user /u/cuckolddesu on reddit did a very great analysis of "3 hours of doing bitcoin faucets"

Quote
Total amount of faucets done:128
Total amount of faucets I actually managed to get working:103
Total amount of withdraw:1KZnGwTnUodUtm5N2yjcQVac9ppgD7TNEG 0.00037884 BTC
AVG per faucet:350 satoshi
Time started:21:22 gmt +2 time finished 0:22 gmt +2
BTC TO USD EARNED:$.15 This translates to 0.05$/hour
This means if I'd do it as a full time job I'd earn 40 cents a day and about 8.4$ a month
The minimal wage wage in Uganda is 0,01125 USD/hrs. (The lowest minimal wage country)
That means we are making 5 times the minimal wage of Uganda.
In general it do not seem like a worthy choice for a new bitcoin user to try to earn money with faucet,if you live in an extremely undeveloped country you might be able to make 0,5$ an hour but thats about it.
I also do not recommend it to anyone as I started losing my sanity in the end,first off 99% of the sites force you to turn off adblock,
about 50% of the sites have some sort of trick and the rest 50% only ask for a captcha code.
Most sites are trying to bait you into clicking on the ads.
you can see all sites I've used on my faucetbox account
https://faucetbox.com/check/1KZnGwTnUodUtm5N2yjcQVac9ppgD7TNEG
If you'd like to know about any other info let me know

https://www.reddit.com/r/Bitcoin/comments/3vpuqu/3_hour_of_doing_bitcoin_faucet_analysis/

this is the single best thread to argue against faucet evangelists.

If you're looking for a start, check out this forums' signature campaigns where you get paid for posting - that way you don't burn out using trillions of horrible faucets and you earn much more.

Signature Campaign overview: https://bitcointalksearch.org/topic/overview-of-bitcointalk-signature-ad-campaigns-last-update-01-jan-23-615953

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